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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Barra Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
068313105
(CUSIP Number)
12/31/98
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which
this Schedule is filed:
X Rule 13d-1(b)
_ Rule 13d-1(c)
_ Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a
reporting person`s initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter the disclosures
provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section
18 of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see
the Notes).
Potential persons who are to respond to the collection of
information contained in this form are not required to
respond unless the form displays a currently valid OMB control
number.
SEC 1745 (3-98) Page 1 of 8 pages
CUSIP No. 068313105
1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons
(entities only).
WM Advisors, Inc.
91-0573307
2. Check the Appropriate Box is a Member of a Group (See
Instructions)
(a)
(b)X
3. SEC Use Only
4. Citizenship or Place of Organization
WM Advisors, Inc. is a Washington State Corporation and
Investment Adviser.
The principle location is 1201 Third Avenue, Suite 1400,
Seattle,WA 98101.
Number of Shares 5. Sole Voting Power 712,250
Beneficially Owned 6. Shared Voting Power 0
by Each Reporting 7. Sole Dispositive Power 712,250
Person With: 8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting
Person
712,250 shares
10. Check if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
Inapplicable
11. Percent of Class Represented by Amount in Row (9)
5.1%
12. Type of Reporting Person (See Instructions)
IA
CO
Page 2 of 8 pages
INSTRUCTIONS FOR SCHEDULE 13G
Instructions for Cover Page
(1) Names and I.R.S. Identification Numbers of Reporting
Persons - Furnish the full legal name of each person for whom the
report is filed - i.e., each person required to sign the schedule
itself-including each member of a group. Do not include the
name of a person required to be identified in the report but who
is not a reporting person. Reporting persons that are entities
are also requested to furnish their I.R.S. identification
numbers, although disclosure of such numbers is voluntary, not
mandatory (see "SPECIAL INSTRUCTIONS FOR COMPLYING
WITH SCHEDULE 13G" below).
(2) If any of the shares beneficially owned by a reporting
person are held as a member of a group and that membership
is expressly affirmed, please check row 2(a). If the reporting
person disclaims membership in a group or describes a
relationship with other persons but does not affirm the
existence of a group, please check row 2(b) (unless it is a joint
filing pursuant to Rule 13d-1(k)(1) in which case it may not be
necessary to check row 2(b).
(3) The third row is for SEC internal use; please leave
blank.
(4) Citizenship or Place of Organization - Furnish
citizenship if the named reporting person is a natural person.
Otherwise,furnish the place of organization.
(5) - (9), (11) Aggregate Amount Beneficially Owned by Each
Reporting Person, Etc. - Rows (5) through (9) inclusive, and
(11) are to be completed in accordance with the provisions of
Item 4 of Schedule 13G. All percentages are to be rounded off to
the nearest tenth (one place after decimal point).
(10) Check if the aggregate amount reported as beneficially
owned in row (9) does not include shares as to which
beneficial ownership is disclaimed pursuant to Rule 13d-4 (17 CFR
240.13d-4) under the Securities Exchange Act of 1934.
(12) Type of Reporting Person - Please classify each
"reporting person" according to the following breakdown (see Item 3 of
Schedule 13G) and place the appropriate symbol on the form:
Category Symbol
Broker Dealer BD
Bank BK
Insurance Company IC
Investment Company IV
Investment Advisor IA
Employee Benefit Plan, Pension Fund,
or Endowment Fund EP
Parent Holding Company/Control Person HC
Savings Association SA
Church Plan CP
Corporation CO
Partnership PN
Individual IN
Other OO
Page 3 of 8 pages
Notes:
Attach as many copies of the second part of the cover page as are needed,
one reporting person per page.
Filing Persons may, in order to avoid unnecessary duplication, answer
items on the schedules (Schedule 13D, 13G or 14D-1) by appropriate cross
references to an item or items on the cover page(s). This approach may only
be used where the cover page item or items provide all the disclosure
required by the schedule item. Moreover, such a use of a cover page item will
result in the item becoming a part of the schedule and accordingly being
considered as "filed" for purposes of Section 18 of the Securities Exchange
Act or otherwise subject to the liabilities of that section of the Act.
Reporting persons may comply with their cover page filing requirements by
filing either completed copies of the blank forms available from the
Commission, printed or typed facsimiles, or computer printed facsimiles,
provided the documents filed have identical formats to the forms prescribed
in the Commission's regulations and meet existing Securities Exchange Act
rules as to such matters as clarity and size (Securities Exchange Act
Rule 12b-12).
SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G
Under Sections 13(d), 13(g), and 23 of the Securities Exchange Act of
1934 and the rules and regulations thereunder,the Commission is authorized
to solicit the information required to be supplied by this schedule by
certain security holders of certain issuers.
Disclosure of the information specified in this schedule is mandatory,
except for I.R.S. identification numbers, disclosure of which is voluntary.
The information will be used for the primary purpose of determining and
disclosing the holdings of certain beneficial owners of certain equity
securities. This statement will be made a matter of public record.
Therefore, any information given will be available for inspection by any
member of the public.
Because of the public nature of the information, the Commission can
use it for a variety of purposes, including referral to other governmental
authorities or securities self-regulatory organizations for investigatory
purposes or in connection with litigation involving the Federal securities
laws or other civil, criminal or regulatory statutes or provisions. I.R.S.
identification numbers, if furnished, will assist the Commission in
identifying security holders and, therefore, in promptly processing
statements of beneficial ownership of securities.
Failure to disclose the information requested by this schedule, except
for I.R.S. identification numbers, may result in civil or criminal action
against the persons involved for violation of the Federal securities laws and
rules promulgated thereunder.
Page 4 of 8 pages
GENERAL INSTRUCTIONS
A. Statements filed pursuant to Rule 13d-1(b) containing
the information required by this schedule shall be filed not
later than February 14 following the calendar year covered by the
statement or within the time specified in Rules 13d-1(b)(2)
and 13d-2(c). Statements filed pursuant to Rule 13d-1(c) shall
be filed within the time specified in Rules 13d-1(c), 13d-2(b)
and 13d-2(d). Statements filed pursuant to Rule 13d-1(d) shall
be filed not later than February 14 following the calendar year
covered by the statement pursuant to Rules 13d-1(d), 13d- 2(b).
B. Information contained in a form which is required to be
filed by rules under section 13(f)(15 US.C. 78m(f)) for the same
calendar year as that covered by a statement on this schedule may
be incorporated by reference in response to any of the items of
this schedule. If such information is incorporated by reference
in this schedule, copies of the relevant pages of such form shall
be filed as an exhibit to this schedule.
C. The item numbers and captions of the items shall be
included but the text of the items is to be omitted. The answers to
the items shall be so prepared as to indicate clearly the
coverage of the items without referring to the text of the items.
Answer every item. If an item is inapplicable or the answer is in
the negative, so state.
Item 1.
(a) Name of Issuer Barra Inc.
(b) Address of Issuer's Principal Executive Offices.
2100 Milvia Street, Berkeley, CA 94704
Item 2.
(a) Name of Person Filing WM Advisors, Inc.
(b) Address of Principal Business Office or, if none, Residence
1201 Third Avenue, Suite 1400, Seattle, WA 98101
(c) Citizenship A Washington State Corporation and
Investment Advisor
(d) Title of Class of Securities Common Stock
(e) CUSIP Number 068313105
Item 3. If this statement is filed pursuant to section 240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:
(a) _ Broker or Dealer registered under section 15 of
the Act (15 U.S.C. 78o).
(b) _ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) _ Insurance Company as defined in section 3(a) (19) of
the Act (15 U.S.C. 78c).
(d) _ Investment Company registered under Section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) X An investment advisor in accordance with Section
240.13d-1(b)(1)(ii)(E).
(f) _ An employee benefit plan or endowment fund in
accordance with 240.13d-1(b)(1)(ii)(F).
Page 5 of 8 pages
(g) _ A parent holding company or control person in
accordance with 240.13d-1(b)(1)(ii)(G).
(h) _ A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(i) _ A church plan that is excluded from the
definition of an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3)
(j) _ Group in accordance with Section 240.13d- 1(b)
(1)(ii)(J).
Item 4. Ownership
Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer
identified in Item 1.
(a) Amount beneficially owned: 712,250 shares
(b) Percent of class: 5.1%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 712,250
(ii) Shared power to vote or to direct the vote 0
(iii) Sole power to dispose or to direct the
disposition of 712,250
(iv) Shared power to dispose or to direct the
disposition of 0
Instruction:
For computations regarding securities which represent a right to
acquire an underlying security see Section 240.13d-3(d)(1)
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following _.
Instruction: Dissolution of a group requires a response to
this item.
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
If any other person is known to have the right toreceive or
the power to direct the receipt of dividends from, or the
proceeds from the sale of, such securities, a statement to
that effect should be included in response to this item and, if
such interest relates to more than five percent of the class,
such person should be identified. A listing of the shareholders
of an investment company registered under the Investment
Company Act of 1940 or the beneficiaries of employee
benefit plan, pension fund or endowment fund is not required.
Inapplicable.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By
the Parent Holding Company.
Page 6 of 8 pages
If a parent holding company has filed this schedule, pursuant
to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach
an exhibit stating the identity and the Item 3 classification of
the relevant subsidiary. If a parent holding company has filed
this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d),
attach an exhibit stating the identification of the relevant
subsidiary.
Inapplicable.
Item 8. Identification and Classification of Members of the Group
If a group has filed this schedule pursuant to Section
240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an
exhibit stating the identity and Item 3 classification of each
member of the group. If a group has filed this schedule pursuant
to Section 240.13d-1(c) or Section 240.13d-1(d), attach an exhibit
stating the identity of each member of the group.
Inapplicable.
Item 9. Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an
exhibit stating the date of the dissolution and that all further
filings with respect to transactions in the security reported on
will be filed, if required, by members of the group, in their
individual capacity. See Item 5.
Inapplicable.
Item 10. Certification
(a) The following certification shall be included if
the statement is filed pursuant to Section 240.13d-1(b):
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer
of the securities and were not acquired and are not held in
connection with or as a participant in any transaction
having that purpose or effect.
(b) The following certification shall be included if
the statement is filed pursuant to Section 240.13d-1(c):
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer
of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
Page 7 of 8 pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Date 01/12/99
Signature
Name/Title Sharon L. Howells/First Vice President
The original statement shall be signed by each person on
whose behalf the statement is filed or his authorized representative.
If the statement is signed on behalf of a person by his authorized
representative other than an executive officer or general partner
of the filing person, evidence of the representative's authority to
sign on behalf of such person shall be filed with the statement,
provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated
by reference. The name and any title of each person who signs
the statement shall be typed or printed beneath his signature.
NOTE: Schedules filed in paper format shall include a
signed original and five copies of the schedule, including all
exhibits. See Section 240.13d-7 for other parties for whom copies
are to be sent.
Attention: Intentional misstatements or omissions of fact
constitute Federal criminal violations (See 18 U.S.C. 1001)
Page 8 of 8 pages
